Italian pasta maker Barilla seeks to expand in Latin America, Asia
date:May 28, 2014

Barilla had a 347 million euro debt at the end of 2013, down from 574 million euros a year before. Its net profit rose 45 percent to 109 million euros last year.

The company, founded in 1877, has an expansion strategy based on pasta and sauces for distant markets, and bakery products such as biscuits, bread and snacks in Europe.

In September it plans to launch a pasta that can be cooked in a wok to win market share in Asia.
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